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Net Loss Per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Net Loss per Share

12. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

Net loss - basic and diluted

 

$

(142,658

)

 

$

(69,790

)

Weighted-average shares used in computing net loss per share, basic and diluted

 

 

43,042,405

 

 

 

41,080,286

 

Net loss per share, basic and diluted

 

 

(3.31

)

 

 

(1.70

)

 

The Company's potentially dilutive shares as of December 31, 2023 and 2022, which include outstanding stock options and unvested RSUs, are considered to be common stock equivalents and are only included in the calculation of diluted net loss per share when their effect is dilutive.

 

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share for the period presented because including them would have been antidilutive:

 

 

 

As of December 31,

 

 

 

2023

 

 

2022

 

Options to purchase common stock

 

 

9,383,105

 

 

 

6,203,020

 

Unvested restricted stock units

 

 

454,200

 

 

 

197,580

 

Total

 

 

9,837,305

 

 

 

6,400,600